So far in June, base metal prices have increased. Copper, zinc and tin increased sharply. Meanwhile, aluminum and nickel also increased, but a little less dramatically. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Copper Rally Copper prices breached the $7,300/mt level. Prices trading over this resistance level signals strength for […]
Tag: L1
EUROFER President Talks Section 232 Tariffs at European Steel Day
Trade relations between the U.S. and the European Union are in a tough spot these days, as the U.S. imposed its Section 232 steel and aluminum tariffs on the 28-member bloc (plus Canada and Mexico) recently, a decision yielding much consternation from the U.S.’s trading partners. Need buying strategies for steel? Try two free months […]
Stainless Steel MMI: Stainless Surcharges, LME Nickel Prices Rise
The Stainless Steel Monthly Metals Index (MMI) skyrocketed this month, increasing by seven points. The current reading stands at 84. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The index inched higher driven by the increase in stainless steel surcharges and a sharp increase in LME nickel prices in May. Other […]
Global Precious MMI: Flat for Third Straight Month — But Don’t Take Your Eye Off Palladium
MetalMiner’s Global Precious Monthly Metals Index (MMI), tracking a basket of precious metals from across the globe, held steady for the June reading and remained at an index value of 88 for an unprecedented third straight month. The dog days of summer have begun early, much as they did during the summer of 2017. While […]
Ernst & Young Report Surveys the State of Digital Solutions in Mining
Every global business worth its name has or is going digital — the mining sector is no different. But is the mining sector getting it right while it goes about the transformation? Not exactly, claims advisory agency Ernst & Young in a new report. Need buying strategies for steel? Try two free months of MetalMiner’s […]
Aluminum MMI: LME Aluminum Prices Lead the Way
The June Aluminum Monthly Metals Index (MMI) increased one point. The current Aluminum MMI index now stands at 101 points. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook LME aluminum prices showed strength in May, and are continuing to increase this month. Aluminum has led the base metals complex due to U.S. tariffs […]
Construction MMI: April Construction Spending Up 7.6% Year Over Year
The Construction Monthly Metals Index (MMI) held flat for the month, posting a 95 for our June reading. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Construction Spending Construction spending for April, the month with the most recently available Census Bureau data, picked back up. Total spending during April 2018 hit an […]
Investors Watch as Populism Surges in Italy
Last week was quite the week in Europe. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. readers may only be picking up the roller coaster in Italian politics via the fluctuations in their pension fund share portfolio values, but it is probably no exaggeration to say European democracy has been […]
A May Review: Metals Prices Show Less Volatility After Wobbly April
After the instability in the industrial metals complex in April, May closed with an overall increase in metal prices. However, the increases are, in general, less sharp and less volatile than last month. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Aluminum, Copper and Nickel The three main metals have seen […]
Indian Copper Smelter Closes After Local Residents Protest on Environmental Grounds
The decision by a provincial government in India to shut down a copper smelter plant may have serious repercussions on copper supplies, not only in India but also globally, experts claim. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The Tuticorin-based plant was ordered shut by the government of the Tamil Nadu State […]
